Embedded Capital Allowances Tax Relief
Embedded Capital Allowances tax relief is the way to claim back for all the embedded items within your commercial property
Embedded Capital Allowances Tax Relief
All commercial property owners who are UK taxpayers are highly likely to be able to claim Embedded Capital Allowances tax relief.
Embedded Capital Allowances tax relief is a way to claim back the embedded items within your commercial property. This includes such items as air conditioning systems, lighting, heating, cables, security, and pipework.
The relief covers most things that would stay in the building if you were to turn it upside down and give it a good shake!
All UK taxpayers that own, let to a third party or occupied for trade, commercial property, either personally or within an Ltd Company, may be eligible to claim Embedded Capital Allowances tax relief. The eligibility and value of the tax relief claim depends on multiple criteria and assessing this can be complicated, however, we can take this stress off your hands.
Knowing what does and what doesn’t qualify can be complicated as the tax law surrounding the relief can be tricky.
Will my business be eligible for Embedded Capital Allowances tax relief
Typical eligible properties
- Restaurants and Pubs
- Hotels and B&Bs
- GP/Dental Practices
- Warehouses
- Holiday Lets and Serviced Accommodation
- Care/Nursing Homes
- Offices
- Retail
- Factories
- Nursing and After School
Typical qualifying tax relief examples
- Heating
- Lighting
- CCTV and security systems
- Electrics
- Air Conditioning
- Pipework
- Fixed internal fittings
- Communication installations